CHARLOTTE, N.C., May 30 /PRNewswire-FirstCall/ -- PACEL Corporation (OTC:PCCE) (BULLETIN BOARD: PCCE) announced today its intent to purchase Consolidated Services, Inc. Consolidated Services, Inc. is a licensed insurance agency in Maine and Virginia that has concentrated in providing property and casualty insurance to its clients. Agents of Consolidated are appointed to insurance companies providing worker's compensation insurance to the Professional Employer Organization industry. Consolidated also provides business insurance to its clients as well as insurance to employees of clients. "Acquiring Consolidated Services, Inc. gives PACEL more flexibility in providing insurance products to our clients as well as provides PACEL with new sources of revenue," stated Gary Musselman, President/CEO of PACEL. "We are committed to growing PACEL and maximizing all revenue sources available to us. Consolidated Services adds another major piece to the PACEL family. We are excited about this acquisition and the growth it brings to PACEL." Cautionary Statement for the Purpose of Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by forward-looking statements, including the impact of competition, the success of existing and new product releases, the management of our growth, other risk factors inherent in the Internet, and extreme sports industries, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission. DATASOURCE: PACEL Corp. CONTACT: Gary Musselman of PACEL Corp., +1-704-643-0676

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